Which risk issue is not top of mind in today's boardroom?

Prepare for the NACD Certification Exam with flashcards and multiple choice questions. Each question comes with hints and explanations to aid your understanding. Ensure you are fully ready for your test!

The correct answer indicates that decreased industry consolidation is not currently a primary concern for many boards. In recent times, boards have been increasingly focused on a variety of pressing issues that directly impact organizational stability and growth.

Increased cybersecurity threats have become pivotal as organizations face a higher frequency of cyberattacks, prompting boards to prioritize data protection and the management of IT risks. Regulatory compliance challenges also remain a significant focus due to evolving regulations and the potential legal and financial ramifications of non-compliance. Additionally, supply chain disruptions have gained attention following recent global events, emphasizing the need to ensure robust supply chain strategies and risk management.

In contrast, decreased industry consolidation might not be viewed as an urgent risk factor compared to these more immediate threats. Boards tend to concentrate on risks that can directly affect their organization's performance and reputation, while industry consolidation trends may be seen as a longer-term issue rather than a critical immediate risk.

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